Facing Gloomy China Consumers, Alibaba’s Taobao Replaces Dec 12 Shopping Spree with New Event
Alibaba’s online shopping platforms Taobao and Tmall said on Friday they had cancelled their Dec. 12 shopping festival and will instead host another shopping spree called ‘year-end good price’ from Dec. 9. “Compared with the 12.12 festival of previous years, the discount intensity, scale of merchants and the scale of commodities have all been greatly … Read more